Deepstream Ministries Inc
Deepstream Ministries Inc maintains strong assets and zero liabilities with consistent revenue growth.
EIN: 202278206 · Pensacola, FL · NTEE: P46 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $936K |
| Total Expenses | $882K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Deepstream Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Deepstream Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Deepstream Ministries Inc
Deepstream Ministries Inc (EIN: 202278206) is a nonprofit organization based in Pensacola, FL, classified under NTEE code P46. The organization reported total revenue of $936K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deepstream Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deepstream Ministries Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $848K |
| Total Expenses | $882K |
| Surplus / Deficit | $-33,661 |
| Total Assets | $1.6M |
| Net Assets | $1.6M |
| Operating Margin | -4.0% |
| Months of Reserves | 22.1 months |
Financial Health Grade: B
In 2023, Deepstream Ministries Inc reported a deficit of $34K with expenses exceeding revenue, holds 22.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Deepstream Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.7% | +46.6% | -2.0% |
| 2022 | -24.9% | +8.3% | -1.8% |
| 2021 | +37.0% | +8.1% | +13.8% |
| 2020 | +23.4% | +16.7% | +2.8% |
| 2019 | +19.0% | +7.6% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Deepstream Ministries Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Deepstream Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
Executive Compensation Analysis
Deepstream Ministries Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly unusual for an organization with nearly $1 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Deepstream Ministries Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data
- Consistent reporting of 0% officer compensation for an organization of this size, which may obscure compensation practices
Strengths
The following positive indicators were identified for Deepstream Ministries Inc:
- Strong and growing asset base, reaching $1,626,388 in 2023
- Consistent record of zero liabilities across recent filings, indicating strong financial management
- Steady revenue growth over the past decade, from $815,541 in 2014 to $848,206 in 2023 (with fluctuations)
- No reported officer compensation, suggesting resources are directed elsewhere
Frequently Asked Questions about Deepstream Ministries Inc
Is Deepstream Ministries Inc a legitimate charity?
Deepstream Ministries Inc (EIN: 202278206) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $936K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Deepstream Ministries Inc spend its money?
Deepstream Ministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Deepstream Ministries Inc tax-deductible?
Deepstream Ministries Inc is registered as a tax-exempt nonprofit (EIN: 202278206). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Deepstream Ministries Inc CEO make?
Deepstream Ministries Inc's highest-compensated officer earns $1 annually. The organization reported $936K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Deepstream Ministries Inc's spending goes to programs?
Deepstream Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Deepstream Ministries Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Deepstream Ministries Inc is above average for NTEE category P46 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Deepstream Ministries Inc located?
Deepstream Ministries Inc is headquartered in Pensacola, Florida and files with the IRS under EIN 202278206. It is classified under NTEE code P46.
How many years of IRS 990 filings does Deepstream Ministries Inc have?
Deepstream Ministries Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $936K in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of functional expenses. This information would typically be found in Part IX of the IRS Form 990.
How does Deepstream Ministries Inc sustain its operations without reporting officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be volunteer-based, compensated through a related organization, or that compensation is categorized differently within the 990, which warrants further investigation.
What specific programs does Deepstream Ministries Inc operate given its NTEE code P46?
The NTEE code P46 indicates a focus on Religious, Spiritual, and Humanistic Education. However, the provided financial data does not detail the specific programs or activities undertaken by the organization.
Why did expenses exceed revenue in 2023 and 2022, and how is this managed?
In 2023, expenses ($881,867) exceeded revenue ($848,206) by $33,661, and similarly in 2022, expenses ($601,468) exceeded revenue ($570,330) by $31,138. This is likely managed by drawing from the organization's substantial asset base, which stood at $1,626,388 in 2023.
Filing History
IRS 990 filing history for Deepstream Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Deepstream Ministries Inc's revenue has grown by 364%, moving from $183K to $848K. Total assets increased by 3014.1% over the same period, from $52K to $1.6M. Total functional expenses rose by 492%, from $149K to $882K. In its most recent filing year (2023), Deepstream Ministries Inc reported a deficit of $34K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $848K | $882K | $1.6M | $0 | — | View 990 |
| 2022 | $570K | $601K | $1.7M | $0 | — | View 990 |
| 2021 | $760K | $555K | $1.7M | $0 | — | View 990 |
| 2020 | $555K | $514K | $1.5M | $0 | — | — |
| 2019 | $450K | $440K | $1.4M | $0 | — | View 990 |
| 2018 | $378K | $409K | $1.4M | $182 | — | View 990 |
| 2017 | $356K | $409K | $1.5M | $112 | — | — |
| 2016 | $515K | $360K | $1.5M | $645 | — | View 990 |
| 2015 | $552K | $432K | $1.4M | $701 | — | View 990 |
| 2014 | $816K | $332K | $1.2M | $868 | — | View 990 |
| 2013 | $560K | $244K | $763K | $0 | — | View 990 |
| 2012 | $508K | $113K | $447K | $0 | — | View 990 |
| 2011 | $183K | $149K | $52K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $848K, expenses of $882K, and assets of $1.6M (revenue +48.7% year-over-year).
- 2022: Revenue of $570K, expenses of $601K, and assets of $1.7M (revenue -24.9% year-over-year).
- 2021: Revenue of $760K, expenses of $555K, and assets of $1.7M (revenue +37.0% year-over-year).
- 2020: Revenue of $555K, expenses of $514K, and assets of $1.5M (revenue +23.4% year-over-year).
- 2019: Revenue of $450K, expenses of $440K, and assets of $1.4M (revenue +19.0% year-over-year).
- 2018: Revenue of $378K, expenses of $409K, and assets of $1.4M (revenue +6.0% year-over-year).
- 2017: Revenue of $356K, expenses of $409K, and assets of $1.5M (revenue -30.9% year-over-year).
- 2016: Revenue of $515K, expenses of $360K, and assets of $1.5M (revenue -6.6% year-over-year).
- 2015: Revenue of $552K, expenses of $432K, and assets of $1.4M (revenue -32.4% year-over-year).
- 2014: Revenue of $816K, expenses of $332K, and assets of $1.2M (revenue +45.6% year-over-year).
- 2013: Revenue of $560K, expenses of $244K, and assets of $763K (revenue +10.3% year-over-year).
- 2012: Revenue of $508K, expenses of $113K, and assets of $447K (revenue +177.7% year-over-year).
- 2011: Revenue of $183K, expenses of $149K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deepstream Ministries Inc:
Data Sources and Methodology
This transparency report for Deepstream Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.